New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 9, 2014
16:58 EDTMMM3M Company appoints Nicholas Gangestad as CFO
On June 9, 3M Company issued a press release announcing the appointment of Nicholas C. Gangestad as SVP and CFO, effective immediately. Gangestad replaces David W. Meline who is leaving the company to take a position as CFO at another large publicly-traded company. Gangestad has served as the company’s Vice President, Corporate Controller and Chief Accounting Officer since April 2011. Prior to that, Mr. Gangestad had served as Director of Corporate Accounting from 2007 to March 31, 2011 and as Director of Finance and I.T., 3M Canada from 2003 to 2007.
News For MMM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 27, 2015
16:31 EDTMMMOn The Fly: Closing Wrap
Subscribe for More Information
12:28 EDTMMMOn The Fly: Midday Wrap
Subscribe for More Information
09:43 EDTMMM3M Company sees Swiss franc immaterial to 2015 results
Subscribe for More Information
09:33 EDTMMM3M sees forex hurting EPS by about 20c y/y in 2015
Subscribe for More Information
09:25 EDTMMM3M Company says sees continued momentum in 2015
Subscribe for More Information
08:53 EDTMMM3M Company sees FY15 gross share repurchases $3B-$5B
Sees FY15 CapEx $1.5B-$1.7B. Sees further foreign currency headwinds being offset by lower than expected input costs in FY15. Says foreign currency translation expected to be a headwind of -4% to -5% in FY15. Sees FY tax rate 28%-29%. Comments from slides that will be presented on the Q4 earnings conference call.
07:32 EDTMMM3M Company sees FY15 EPS $8.00-$8.30, consensus $8.20
Subscribe for More Information
07:31 EDTMMM3M Company affirms FY15 performance expectations
Subscribe for More Information
07:31 EDTMMM3M Company reports Q4 EPS $1.81, consensus $1.80
Reports Q4 revenue $7.7B, consensus $7.77B. Organic local-currency sales grew 6.3 percent with acquisitions adding 0.1 percent to sales. Foreign currency translation reduced sales by 4.4 percent year-on-year.
January 26, 2015
15:40 EDTMMMNotable companies reporting before tomorrow's open
Subscribe for More Information
15:23 EDTMMM3M Company technical comments before results
The shares have a potential bearish head and shoulders top in development. The neckline for the pattern remains at considerable distance from current price at the $155 area. It would take more bearish news than current expectations would suggest to reach the neckline. Downside potential for the pattern, if it triggers, would be to the $142 area over time. It should be noted that on a long-term chart the price action of recent years has resulted in a near-vertical rise that appears unsustainable. If the news is more bullish than expected, resistance levels to watch as potential upside objectives would be at $165.99 and then at $168.16, the 52-week high and lifetime high. On a breakout above $168.16, a run to $170 to $175 may be possible.
January 22, 2015
10:03 EDTMMMOn the Fly: Analyst Initiation Summary
Subscribe for More Information
January 21, 2015
16:14 EDTMMM3M Company initiated with a Buy at UBS
Target $195.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use